Tom “Dear Steve, I was laid off last year and out of work for 5 months. That burned through my savings. I got a one year contract position which has now ended. I have $45K of unsecured credit and a $6K balance on a secured auto loan. Since I am out of work, I contacted …
All I’ve got to say is, Good! The plan would have done more damage than good and while some people might have hoped that the government would accept the creditor based plan, it was shallow and not enough to make a real difference to help people avoid bankruptcy and get out of debt. Recently I …
Credit card lenders include Discover Financial Services LLC, Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co., Capital One Financial Corp., American Express Co. and HSBC Holdings have finally come together with the help of the National Foundation for Credit Counseling, Consumer Federation of America and the Financial Service Roundtable to start the process …